Lookonchain: Binance Hacker Dumps PEPE UNI LINK for ETH

Lookonchain flagged that the Binance hacker is now dumping $PEPE, $UNI, $LINK and additional tokens on-chain for $ETH. The hacker retains substantial holdings that could exert further selling pressure, including 217.497M $ENA ($39.51M), 7.579T $PEPE ($34.41M), 2.575M $LINK ($28.07M), 128.034K $AAVE ($15.9M), 74.56M $ARB ($11.54M), 1.938M $UNI ($12.62M) and smaller stacks of $ONDO, $WLD, $FUN, $ZAMA, $ZRO and $RSR. Binance has been hacked for over $5.8B total, of which $2.41B in USDT and USDC remains frozen.

ETH trades at $2263.48 on the 4h chart inside a bearish structure with price testing the lower Bollinger Band support at $2281.01 while the EMA50 at $2359.23 and EMA200 at $2464.98 act as stacked resistance overhead. The MACD death cross at -10.41 reinforces downside momentum even as RSI at 36.67 sits in neutral territory, suggesting any bounce toward the upper band at $2389.48 is likely to stall before retesting the 50-EMA confluence.